With about $1 billion in annual revenues, the Philippines is tied at No. 8 with Canada and Taiwan for the largest revenues from pornography in 2006. This is according to the Internet Pornography Statistics report by Jerry Ropelato of Top Ten Reviews. For a poor 3rd 2nd world country, that’s something, huh?

This may come as a surprise but local online game companies Level Up! and E-Games has finalized talks of a merger. eGames made the disclosure earlier this morning at the PSE (since it’s a publicly listed company).